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Hey everyone, it’s been a while since I’ve been on here. I’ve been lurking on Twitter and honestly I can’t get with the whole NFT thing. What about guys? This feels like the ICO phase back in 2017-2018. The closest I’ve gotten to getting into NFTs is through companies like 4K where you can essentially physically-back NFTs with physical goods like expensive watches or shoes. Thought this was a novel concept and really seems like it’s going to be the next phase of NFTs. Anyone heard of them? Are there other companies working on similar things? How I heard about them: https://www.coindesk.com/business/2021/07/20/rolexes-in-defi-nft-marketplace-4k-raises-3m-to-combine-nfts-and-luxury-goods/ |
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I would love to have a general conversation around mixers and if they are legal. I've heard both sides. Would be great to have someone involved in the legal side of things like Ciphertrace or a regulator to shed light on this topic
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Token Network is looking to make it easier for businesses to trade globally without any issues. The goal is to level out any intermediaries. The cool thing about Token Network is that it is an open-source built using NULS Chain Factory. Token Network is a proof of credit blockchain with smart e-commerce contracts that allow e-comm businesses to start using blockchain for their own businesses. What are your thoughts on this system? Thoughts on being built with NULS? https://medium.com/@nuls/ama-sco-lab-interviews-token-network-9b6301afc05a |
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A new staking era is upon us known as the Staked Coin Output. The first members of SCO Lab involve seven initial sponsors, including NULS, Staking2, BitSG, Xionglin Capital, BlockCapital, HashQuark and BISS. Six co-sponsors include Turbine Capital, CoinALL, Nabox, BW.com, StakingScan, and CoinInn. What are your thoughts? https://medium.com/@nuls/nuls-bi-monthly-update-sco-lab-launches-and-initiates-the-sco-11-8644140f1d8c |
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Did anyone hear about the PlusToken scam? 10 million investors scammed of $3 billion seems like a massive number! Ciphertrace mentioned in their recent report that the PlusTooken scheme was the largest single incidnet of loss in 2019. The image in this article shows the movement of money from addresses which is pretty crazy. Movements of 50-100 BTC batches appear to move into exchanges. This is so disappointing imo another scheme and a big one at that https://cointelegraph.com/news/3b-ponzi-scheme-is-now-allegedly-dumping-bitcoin-by-the-hundreds |
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Computer analysts at cybersecurity firm Zscaler ThreatLabZ have discovered a new type of trojan that targets cryptocurrency users. The trojan is able to capture control of targeted computers, retrieve browser history and look for activities involving crypto and credit cards. A report by crypto intelligence firm Ciphertrace published in April estimated losses of $356 million due to scams just in Q1. Grateful we have researches who can locate these trojans but it's disappointing to always have this double edged sword. https://cointelegraph.com/news/researchers-discover-new-cryptocurrency-focused-trojan |
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I didn't realize this but in 1995, Congress held a round of hearings focused on 'The Future of Money' that focused on the emergence of digital currencies led by David Chaum's companies DigiCash. The purpose of these hearings were in essence to preserve privacy as the internet progresses. This is quite interesting especially as the recent Libra hearings start to emerge again relating us back to the conversation of the future of money and privacy. Important read and understanding of emerging technologies and the involvement of legislative solutions. Would like to hear your thoughts. https://elixxir.io/blog/privacy-preserving-technology-vs-legislation |
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According to Hire.com the demand for blockchain developers is massive (+517%). Blockchain is still in its infancy and finding a developer that is well-equipped to build out a project is rare. It's impressive to see a purposed development framework along with tools to help curb the learning for these developers is key as we see the industry grow. Nuls recently released a feature to their recent upgrade called ChainBox which is a chain-building solution that allows non-blockchain developers to build a basic chain in under 10 minutes. I am intrigued to see who will get their hands on these modules and how it will be a resource as the demand for blockchain increases. https://medium.com/@nuls/scarcity-of-blockchain-developers-means-a-premium-salary-is-easily-achieved-1da19f560dc6 |
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Companies that specialize in AML compliance like Ciphertrace recently shared their plans with compliant crypto at Blockchain Education Day. One in particular is how cryptocurrency is the perfect use case for provably clean money because you can track and trace it unlike fiat. Interesting conversation here especially around compliance and blockchain https://cryptobriefing.com/blockchain-advocates-washington-dc-facebook/ |
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This coming Thursday July 18th will be the first Blockchain Education Day organized by the Chamber of Digital Commerce. More than 120 companies and leaders will head to Washington to inform legislators on DLTs.
Sponsored by eToro, Ciphertrace and more DLT-focused startups, this is going to be packed with interesting meetings and talks especially as Facebook nears the space and the president shares his thoughts on crypto.
Will anyone be in Washington? What are your thoughts on this gathering?
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I recently saw two projects Ark and NULS mention they are building platforms that any developer will be able to use their services to build a blockchain in seconds. They already do the hard coding for you but instead create a lineup of modules that help anyone build a blockchain.
Has anyone tried either? What are your thoughts?
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Snowden was a headliner speaker at Bitcoin 2019 in SF speaking about the importance of privacy and how the lack of privacy is an existential threat to bitcoin. He gave a shout out to crypto OG and privacy pioneer David Chaum which is pretty epic.
Chaum is currently in the process of creating a privacy payments platform with a messaging dApp using his cMix protocol that he invented. I mean if anyone were to create a true decentralized private platform it would be somebody that's been in it since the beginning.
Anyone else been following Elixxir?
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Elixxir has selected 600 node applicants for inclusion in the BetaNet node program. The program will include three groups of nodes, each of which will serve an important role in helping to deliver Elixxir's effort to provide truly decentralized privacy for the first time at consumer scale. There is no better time than now to focus on projects that are pushing for utmost privacy https://elixxir.io/blog/elixxir-selects-betanet-nodes |
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As NULS ramps up their platform to the public it's incredible to see all the features they are offering for businesses to easily deploy a blockchain. Along with a DAPP wallet integration, smart contracts and cross chain compatibility.
So far they have multiple partners on NULS 2.0 including HENA (mobile advertisement) and Token Network which is a proof of credit blockchain network. Plus a handful of a few more.
Coinmarketcap marks it as a top 100 and it's been holding its own so I've been waiting to hear more announcements on this one
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